Fluororubber manufacturer Daikin Industries reported sales of 2,985.67 billion yen ($22.83 billion) for the nine months of the fiscal year ending March 31, 2023, up 29.7% year-on-year. Operating profit was 303.76 billion yen, up 17.1%, ordinary profit was 299.26 billion yen, up 12.3%, and net profit was 208.95 billion yen, up 16.9%. By segment, the Chemicals business posted sales of...
Carbon masterbatch (CMB) manufacturer Mitsufuku Industry Co. Ltd. has seen favorable conditions for its compounds business in fiscal 2018. A number of trends continuing from the previous year – such as a downsizing of automotive engines, high semiconductor-related demand and growth for fluororubber sponge – have led to an increase in Mitsufuku Industry’s production levels, particularly for fluororubber compounds. As...
Air Water Inc. (TYO:4088) has developed a highly heat-resistant new O-ring using general-purpose fluororubber (FKM). This was achieved via efforts from subsidiary Air Water Mach Inc., which produces and and sells O-rings in addition to other sealing products. The new product combines fluororubber with Zeonano SG101, a series of single-walled carbon nanotubes that Zeon Corp. (TYO:4205) produces via the super-growth...
Carbon masterbatch (CMB) manufacturer Mitsufuku Industry Co. Ltd. has seen its profit grow steadily, despite unchanging sales. Mitsufuku Industry’s fluororubber business has shown a solid performance on the back of annually growing demand for fluororubber triggered by downsizing of engines and other trends. The company is focusing on launching its fourth factory in Fukushima Prefecture to finalize compounds for olefin-based...
Zeon Corp. (TYO:4205) and the New Energy Industrial Development Organization (NEDO) have successfully developed a thermal interface material (TIM). Made of high-performance sheets, the product’s sheet form features double the heat dispersion of similar products to date. The company will be investing several hundred million yen to construct a new pilot plant within the Ibaraki Factory building of subsidiary Zeon...
NEDO has announced a new synthetic fluororubber material with the world’s highest level of resistance to environmental stress factors. Made by attaching single-wall carbon nanotubes to fluororubber, the material promises to achieve heat resistance on a par with perfluoroelastomer at much lower cost.
